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Overview
Maidstone
Positioned in one of Maidstone's most promising growth corridors, this property at 53 Churchill Avenue offers a remarkable opportunity for investors, developers, and first home buyers seeking land with potential for future growth. The site is set on a substantial allotment of approximately 798 square meters, featuring a wide frontage that enhances its development possibilities.
This property presents the potential to develop up to four townhouses, subject to council approval (STCA), providing flexibility and scale that is increasingly rare in this well-connected inner-west location. It is an ideal site for those envisioning luxury side-by-side residences or a custom-built dream home in a tightly held and rapidly growing area.
The existing home offers immediate comfort and strong rental appeal, with an estimated rental return between $450 and $480 per week. This makes it a suitable option for investors who wish to generate income while planning future development. The residence includes three well-proportioned bedrooms, a central bathroom, a spacious living area, and ample off-street parking, making it livable or leasable in its current state.
Outside, the property boasts a deep backyard with extensive potential for renovation, extension, rebuilding, or redevelopment, allowing the new owner to tailor the space to their needs and preferences.
Location is a key advantage, with the property situated moments from Central West Shopping Centre, a short drive to Highpoint Shopping Centre, and within easy reach of Tottenham Station. Commuting to Melbourne's CBD, approximately 11 kilometers away, is convenient. The area is surrounded by quality schools, parks, and everyday amenities, making it a highly desirable lifestyle location with growing demand.
Key features include:
- Large 798 square meter allotment with wide frontage
- Potential for multi-unit or townhouse development (STCA)
- Ideal for luxury side-by-side builds or a custom dream home
- Estimated rental return of $450 to $480 per week
- High-growth inner-west location close to essential amenities
This is a rare opportunity to secure a premium parcel of land and capitalize on the future growth of Maidstone.
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While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Maidstone VIC 3012
Market Insights for Maidstone VIC 3012
Other properties in this postcode
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